Cross Timbers Royalty Trust (CRT) is a publicly traded royalty trust that generates income from net profits interests in oil and gas properties located in Texas, Oklahoma, and New Mexico. The trust does not engage in direct operations or exploration activities but earns revenue from oil and gas production managed by third-party operators. CRT distributes income to unitholders based on the revenue generated from its interests in mineral properties.
- Oil Sales - Generates revenue from the sale of oil produced from royalty and working interests in Texas, Oklahoma, and New Mexico.
- Gas Sales - Generates revenue from the sale of natural gas produced from royalty and working interests in Texas, Oklahoma, and New Mexico.
- Nonproducing Royalties - Holds nonproducing mineral interests in Texas, Oklahoma, and New Mexico, which have not undergone significant development.
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| Name | Position | External Roles | Short Bio | |
|---|---|---|---|---|
Nancy Willis | Director of Royalty Trust Services | Nancy Willis serves as the Director of Royalty Trust Services for CRT and is identified as a Vice President in some filings. No additional details about her background, board memberships, or role start dates are available. |
Research analysts covering CROSS TIMBERS ROYALTY TRUST.
Recent press releases and 8-K filings for CRT.
- CROSS TIMBERS ROYALTY TRUST declared a cash distribution of $0.031753 per unit, payable on October 15, 2025, to unitholders of record on September 30, 2025.
- The underlying oil and gas sales volumes and average prices attributable to the current and prior month distributions are as follows :
| Metric | Current Month Distribution | Prior Month Distribution |
|---|---|---|
| Oil Volumes (Bbls) | 14,000 | 10,000 |
| Gas Volumes (Mcf) | 111,000 | 49,000 |
| Oil Average Price ($ per Bbl) | $63.13 | $62.10 |
| Gas Average Price ($ per Mcf) | $3.17 | $3.62 |
- Excess costs on properties underlying the Texas Working Interest net profits interests increased by $129,000, with remaining cumulative excess costs totaling $5,128,000. Conversely, $118,000 in excess costs on Oklahoma Working Interest net profits interests were fully recovered.
- Cross Timbers Royalty Trust declared a cash distribution of $0.031753 per unit, payable on October 15, 2025, to unitholders of record on September 30, 2025.
- Underlying sales for the current month's distribution included 14,000 Bbls of oil at an average price of $63.13 per Bbl and 111,000 Mcf of gas at $3.17 per Mcf.
- Excess costs on properties underlying the Texas Working Interest net profits interests increased by $129,000, resulting in total cumulative excess costs of $5,128,000.
- Excess costs of $118,000 on properties underlying the Oklahoma Working Interest net profits interests were fully recovered.